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Jane Leppmets, foreign trade analyst at Statistics Estonia, said that foreign trade in services continues to grow steadily and reached a record level in 2024. “Exports of services were most affected by an increase in sales of telecommunications, computer and information services (up by €459 million) and imports by a rise in purchases of travel services (up by €134 million). Other business services, transport services, and telecommunications, computer and information services accounted for the largest shares. The top partner countries for exports last year were Finland (15% of Estonia’s total

Today, on 3 November, Statistics Estonia presents the publication “Changes in the Economy and Labour Market” which outlines the relevant trends in the last decade.

According to Statistics Estonia and Eesti Pank, in the first quarter of 2023, Estonia’s exports of services grew by 15% and imports by 11% at current prices compared with the first quarter of 2022.

According to Statistics Estonia and Eesti Pank, in the second quarter, Estonia’s exports of services grew by 46% and imports of services by 125% year on year. Exports and imports of services amounted to 1.8 billion euros. Foreign trade in services was affected the most by growth in telecommunications, computer and information services, and transport services.